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(Related to Checkpoint 5.3) (Compound interest with non-annual periods) Calculate the amount of money that will be in each of the following accounts at the
(Related to Checkpoint 5.3) (Compound interest with non-annual periods) Calculate the amount of money that will be in each of the following accounts at the end of the given deposit period: Annual Compounding Compounding Periods (Years) Interest Rate Periods Per Year (M) 3 6 Amount Account Holder Theodore Logan III Deposited 900 12% 12 Vernell Coles 94,000 Tina Elliot 7,000 10 Wayne Robinson 122,000 12 Eunice Chung 30,000 12 Kelly Cravens 17,000 8 (Click on the icon in order to copy its contents into a spreadsheet.) 2 12 1 a. The amount of money in Theodore Logan III's account at the end of 6 years will be $ b. The amount of money in Vernell Coles' account at the end of 2 year(s) will be $ c. The amount of money in Tina Elliot's account at the end of 5 years will be $ d. The amount of money in Wayne Robinson's account at the end of 3 years will be $ e. The amount of money in Eunice Chung's account at the end of 6 years will be $ f. The amount of money in Kelly Cravens' account at the end of 4 years will be $ 6 2 5 3 6 4 (Round to the nearest cent.) . (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.)
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